Bunker Fuel Market- Global Industry Analysis, Size, Share and Forecast 2014-2020

Transparency Market

Research

Bunker Fuel Market - Global Industry Analysis, Size,

Share, Growth, Trends, and Forecast 2014 - 2020

Published Date

10-Dec-2014

127 Page Report

Buy Now

Request Sample

Press Release

Lucrative Opportunities in Asia Pacific to Help Global Bunker Fuel

Market Reach 460 Million Tons in 2020 : TMR

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

Bunker Fuel Market

REPORT DESCRIPTION

Bunker Fuel Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020

Transparency Market Research has published a research report on the global bunker fuel market, titled

“Bunker Fuel Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 2020”. This is a comprehensive study that evaluates the present dynamics and growth trajectory of the global

bunker fuel market in terms of revenue and volume. The report predicts that the global bunker fuel market is

likely to reach an estimated volume of 460 million tons by 2020. The market, therefore, is poised to exhibit a

moderate 3.1% CAGR during 2014-2020, expanding from 372.30 million tons in 2013. Bunker fuel is a

fractionally distilled liquid fuel derived from crude oil. Also known as fuel oil, the substance can be classified on

the basis of its chemical composition, intended purpose, and boiling point. Unlike other petroleum products,

bunker fuel is more polluting and highly unrefined.

Browse the full Bunker Fuel Market - Global Industry Analysis, Size, Share, Growth, Trends, and

Forecast 2014 - 2020 report at : http://www.transparencymarketresearch.com/bunker-fuel-market.html

Apart from fuel oil, there are other middle distillate fuels, which are also used as bunker fuels. The cost

incurred on fuel accounts for approximately 70% of the overall voyage expense of a vessel. The report states

that a majority of ship operators are...